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Reddit Inc
Reddit’s pre-IPO roadshow to kick off next week
...It had $800mn in sales last year, coming largely from advertising....
March 7, 2024
Illumina Inc
EU regulators to order Illumina to sell $8bn cancer treatment group
...The step is intended to deepen the punishment for Illumina after Brussels fined the world’s largest gene-sequencing company €432mn in July for defying what regulators described as a “cornerstone” of their...
October 9, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
LexInstacart Inc
Instacart: IPO may not deliver the goods Premium content
...The ads unit accounted for about 30 per cent of group sales last year. But companies are pulling back on spending amid the slowdown in GTV growth....
August 28, 2023
Instacart Inc
Instacart prices shares at $30 as IPO market warms up
...The group’s advertising and “other” revenue, which accounts for a third of its total sales, grew 29 per cent in 2022 year on year....
September 18, 2023
London’s summer art scene
London’s summer auctions major on portraits old and new
...When London’s auctioneers were planning their summer sales, the reopening of the National Portrait Gallery was clearly a collective cornerstone....
June 16, 2023
Due Diligence
What comes next for Microsoft’s $75bn Activision Blizzard deal? Premium content
...First, the EU has hit Illumina with a record fine after the world’s largest gene sequencing company completed an $8bn acquisition without the approval of Brussels, violating what regulators said was the “cornerstone...
July 13, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
The Future of Money
In financial services 70% of Bame workers report discrimination Premium content
...If sales do flatten over the period, BNPL providers without other lines of revenue may face real struggles....
December 5, 2022
News in-depthBYD Co Ltd
China’s EV star and Tesla rival BYD unveils Europe expansion
...“Their sales growth is off the charts. And one of their largest investors is pulling out.”...
September 30, 2022
Rivian Automotive, Inc.
Rivian drops below IPO price as Amazon to buy electric vans from rival
...Amazon is Rivian’s second-largest shareholder, and a deal to buy 100,000 electric vans from the start-up formed one of the cornerstones of the company’s appeal during its soaring IPO in November....
January 6, 2022
IPOs
Electric vehicle maker Rivian targets up to $53bn valuation in IPO
...Outside its Amazon deal, the company noted only “minimal revenue” from sales of its R1T pick-up truck following its launch in September and “no revenue” from sales of any other vehicles....
November 2, 2021
Chinese business & finance
Chinese music group pulls $1bn Hong Kong IPO after tech crackdown
...The IPO would have been among the largest share sales in Hong Kong this year and the first big one by a Chinese technology company since Beijing launched a crackdown on foreign listings last month....
August 9, 2021
Semiconductors
Tesla set to pay for chips in advance in bid to overcome shortage
...These disruptions are expected to cost the industry 5 per cent of estimated sales this year, according to Fitch, the rating agency....
May 26, 2021
IPOs
Russia’s Fix Price raises IPO expectations as BlackRock and Qatar back float
...Like-for-like sales have risen at double-digit rates every quarter for 16 consecutive quarters....
March 1, 2021
Leo Lewis
Tokyo Stock Exchange would be shamed by a Toshiba delisting
...That forced a fire-sale of its prized memory chip business and an emergency $5.4bn share issuance that stuffed the company’s shareholder register with activists....
April 7, 2021
#techFT
Streaming rivalry gets animated
...Our weekend Big Read looked at how Sony is making Japanese animation a cornerstone of its content as it competes with Netflix....
January 25, 2021
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
The Big Read
Toshiba showdown could be a turning point for Japan Inc’s fortunes
...Even critics of Effissimo admit, however, that its campaign against Toshiba has clear distinctions from its previous fights with Japan Inc....
March 14, 2021
Under Armour Inc
Under Armour calls time on connected fitness business
...Sales at Under Armour were flat at $1.4bn for the three months ended in September, and earnings fell 61 per cent to $39m....
October 30, 2020
The Big Read
Japan’s anime goes global: Sony’s new weapon to take on Netflix
...The company recently claimed anime would be its new cornerstone content....
January 24, 2021
Google LLC
Google signs $750m deal with ADT to sell its Nest devices
...ADT’s 20,000-person sales and installation team will help distribute Nest’s internet-connected cameras, thermostats and smart speakers to residential and small business customers....
August 3, 2020
Ecommerce
Alibaba and Shopee clash in Vietnam as Asia’s ecommerce war rages
...A version of this article was first published by Nikkei Asia on January 8 2021. ©2021 Nikkei Inc....
January 19, 2021
News in-depthNikkei Asia
Coronavirus-hit Muji USA files for bankruptcy protection
...“The US is the cornerstone in building name recognition,” Mr Matsuzaki said....
July 19, 2020
Electric vehicles
UPS orders 20,000 vehicles from electric-van maker Arrival
...“Electric vehicles form a cornerstone to our sustainable urban delivery strategies....
January 29, 2020
Constellation Brands Inc
Solid beer sales drive guidance upgrade for Constellation Brands
...In addition, our iconic beer portfolio continues to be a cornerstone of growth in the US beer industry driven by double-digit growth for Modelo Especial and Corona Premier.”...
June 28, 2019
FT CollectionsShifting borders for business
Retail: how bookshops survived the Amazon onslaught
...Its global reach also poses a fundamental challenge to long-established arrangements for territorial rights and distribution — cornerstones of the industry’s business model....
June 11, 2019
Due Diligence
How to spend it: Saudi Aramco style Premium content
...(NYT) The trolls have ears The industrial music complex has finally healed from its near-death reckoning with illegal downloading and the decline in CD sales....
June 21, 2019

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